{"id":2608,"date":"2018-10-22T09:03:03","date_gmt":"2018-10-22T09:03:03","guid":{"rendered":"https:\/\/brightpearl20.wpengine.com\/gaining-efficiency-in-your-ecommerce-inventory-management\/"},"modified":"2025-04-17T15:05:50","modified_gmt":"2025-04-17T15:05:50","slug":"efficient-ecommerce-inventory-management","status":"publish","type":"post","link":"https:\/\/www.brightpearl.com\/blog\/efficient-ecommerce-inventory-management","title":{"rendered":"Gaining Efficiency in Your Ecommerce Inventory Management"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Within the retail industry, <\/span><a style=\"font-size: 1.25rem; font-family: -apple-system, BlinkMacSystemFont, Helvetica, Roboto, 'Segoe UI', Arial, sans-serif;\" href=\"https:\/\/explorewms.com\/key-supply-chain-management-statistics.html\">inventory is accurate just 63% of the time<\/a><span style=\"font-weight: 400;\"> on average, which is seemingly due to businesses lacking <a href=\"https:\/\/automate.brightpearl.com\">automation<\/a> and reliable back office software.<!--more--><\/span><\/p>\n<p><span style=\"font-weight: 400;\">Ecommerce businesses within that percentage are likely trying to stitch together a multitude of systems, or worse still, they\u2019re trying to manage their inventory via the back-end of their websites.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You\u2019ll know your business has reached a level where your <a href=\"https:\/\/www.brightpearl.com\/shopify-inventory-management-guide\">ecommerce inventory management<\/a> needs to step up a gear when you\u2019re:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Manually allocating and fulfilling orders<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Manually updating inventory levels (across multiple sales channels)<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Selling items you no longer have available in the <a href=\"https:\/\/www.brightpearl.com\/warehouse-management-system\">warehouse<\/a><\/span><\/li>\n<\/ul>\n<h3><strong>What are your options for efficient ecommerce inventory management?<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">There are often two common approaches to take: \u2018Build your own\u2019 or <a href=\"https:\/\/www.brightpearl.com\/shopify-erp\">ERP<\/a>.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If we look to the age old \u2018Build your own\u2019 approach, you\u2019ll be trying to stitch a myriad of different systems, modules and add-ons together, such as <a href=\"https:\/\/www.brightpearl.com\/order-management-software\">order management software<\/a>, shipping carriers, <a href=\"https:\/\/www.brightpearl.com\">accounting software<\/a>, reporting tools, <a href=\"https:\/\/www.brightpearl.com\/retail-crm\">customer data<\/a> and <a href=\"https:\/\/www.brightpearl.com\/warehouse-management-system\">warehouse management<\/a>.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But you\u2019ll probably find this gets almost impossible to manage as you grow. Data is stored in too many places, and where different software is joined together, processes stumble and fall.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Or you <\/span><i><span style=\"font-weight: 400;\">could<\/span><\/i><span style=\"font-weight: 400;\"> choose an ERP.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But ERP systems are often large and complex, and are usually not focused on <a href=\"https:\/\/www.brightpearl.com\/sales-channel-strategy\/retail-vs-wholesale\">retail and wholesale<\/a>, or financially aware of how merchants operate. You\u2019ll need to invest large amounts of time and money on implementation, ongoing maintenance, support, development, customization and administration.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">These systems are slow to respond to changes in your business, often require custom scripting and middleware, and sap you of significant time, resource and money. The time to value you see is simply too long.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But there is another option.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The other option is to adopt a <a href=\"https:\/\/www.brightpearl.com\">complete cloud-based business management system<\/a>, which will do the heavy lifting of <a href=\"https:\/\/www.brightpearl.com\/tradegecko-alternatives\">ecommerce inventory management<\/a> and more for you.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It\u2019s an added bonus if that same system can also <a href=\"https:\/\/www.brightpearl.com\/retail-workflow-automation\">automate workflows and processes<\/a> that will be all too familiar within your own ecommerce business.<\/span><\/p>\n<p><span style=\"font-size: 1.25rem; font-family: -apple-system, BlinkMacSystemFont, Helvetica, Roboto, 'Segoe UI', Arial, sans-serif;\">We feel <a href=\"\/\/www.youtube.com\/embed\/9G2Lk3DDqNg\">our latest animation video<\/a> sums up this argument rather well:<\/span><\/p>\n<h3><strong>How to succeed at automated ecommerce inventory management<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">There are many ecommerce workflows that can be automated with the right software in place.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Automatically routing orders to the appropriate warehouse based on a set of rules, <a href=\"https:\/\/www.brightpearl.com\/accounting-and-inventory-software\">automatic and real-time inventory<\/a> updates across all your channels, even <a href=\"https:\/\/www.brightpearl.com\/\">automatically invoicing orders<\/a> so your sales team don\u2019t have to spend one more step completing an order.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Implementing an automated ecommerce <a href=\"https:\/\/www.brightpearl.com\/inventory-management-system\" rel=\" noopener\">inventory management system<\/a> is going to reap big rewards for you, your team and the growth of your business.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With modern technology advancing every day, automating your ecommerce <a href=\"https:\/\/www.brightpearl.com\/inventory-management-system\">inventory management<\/a> doesn\u2019t need to be a complicated task, but there are a couple of considerations to bear in mind when doing so.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Before <a href=\"https:\/\/www.brightpearl.com\/\">automating your ecommerce workflows<\/a>, check that they are in the best shape possible. Map them out using a system like <\/span><a href=\"https:\/\/www.lucidchart.com\/\"><span style=\"font-weight: 400;\">Lucidchart<\/span><\/a><span style=\"font-weight: 400;\">, which will then allow you to fine-tune your processes before automation takes over.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Once you\u2019ve then setup rules to match these optimized workflows in your automation software, keep a close eye on how everything is working together.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You may find you\u2019ve missed out a part of your workflow in your original mapping. Or perhaps a part of it needs optimizing further in order for automation to <\/span><i><span style=\"font-weight: 400;\">really<\/span><\/i><span style=\"font-weight: 400;\"> do the heavy lifting?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Whatever it is that you need to change, do so and then test your workflows again until everything is working efficiently for you and your customers.<\/span><\/p>\n<hr \/>\n<p><span style=\"font-weight: 400;\">Are you curious to find out more about how we can help you to automate your ecommerce business? <\/span><a href=\"https:\/\/www.brightpearl.com\/retail-workflow-automation\"><span style=\"font-weight: 400;\">Browse our website now<\/span><\/a><span style=\"font-weight: 400;\">, or simply <\/span><span style=\"font-weight: 400;\"><a href=\"https:\/\/www.brightpearl.com\/contact-us\">give us a call!<\/a><\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-3083\" src=\"https:\/\/www.brightpearl.com\/wp-content\/uploads\/2018\/10\/29fdd064-d8d2-4495-a6bc-1358ee65f146.jpeg\" alt=\"\" width=\"800\" height=\"200\" srcset=\"https:\/\/www.brightpearl.com\/wp-content\/uploads\/2018\/10\/29fdd064-d8d2-4495-a6bc-1358ee65f146.jpeg 800w, https:\/\/www.brightpearl.com\/wp-content\/uploads\/2018\/10\/29fdd064-d8d2-4495-a6bc-1358ee65f146-300x75.jpeg 300w, https:\/\/www.brightpearl.com\/wp-content\/uploads\/2018\/10\/29fdd064-d8d2-4495-a6bc-1358ee65f146-768x192.jpeg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Within the retail industry, inventory is accurate just 63% of the time on average, which is seemingly due to businesses lacking automation and reliable back office software.<\/p>\n","protected":false},"author":10,"featured_media":3081,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[111,115],"tags":[],"class_list":["post-2608","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ecommerce-best-practices","category-retail-operations"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.6.1 (Yoast SEO v27.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Gaining Efficiency in Your Ecommerce Inventory Management - Brightpearl<\/title>\n<meta name=\"description\" content=\"Inventory is accurate just 63% of the time on average, which is seemingly due to businesses lacking automation and reliable back office software. 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